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flag Kiwibank raises fixed home loan rates amid inflation.

flag Kiwibank has raised its fixed home loan rates across various terms, following a similar move by Westpac, amid worsening inflation. flag The bank increased rates for one, two, three, four, and five-year fixed terms, with the two-year rate rising to 5.29%, making it the highest in the market. flag Analysts attribute the increases to ongoing economic pressures and rising wholesale lending costs, with expectations that other banks may also adjust their rates.

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